I received a reply from PGI that I wasnt going to share at first but I thought it would be good for others to see. Everybody can take a moment to chew on the information provided and form their own conclusions.
As most know I have been a critic with all that we have seen
- misleading timelines, misleading pr's- drop off in shareholder communication- huge salaries with share prices that have fallen of the cliff etc..etc..
I received an e-mail from PGI and here is some of their perspective and others can chew on this information if they like and come up with their own opinions and I thought it would be good/fair to share. ( see below ) I bolded some points that stand out.
Joe
While your have your opinion of the company and you are entitled to that. We are agreesively pursuing our business plan. We have not played any dirty game or scam as you put it. We begin working to build a company as planned. I have personally lost more money than you can imagine trying to build a company I believe in. We will continue to update shareholders as developments take place. We probably should not have released information in the past about pending deals. We caved into pressure from investors like yourself asking for updates and news. In hindsight we should have waiting for developments to unfold as we are now doing. No one in their right mind spends an enormous amount of time hiring a staff the size of ours, purchasing all the equipment we bought without intention of doing business. There were agreements we could not fulfill and there were parties who took advantage of our company. If the company rebounded today everyone would have a different opinion. Right now I understand people are emotional about the stock. I am not happy with the stock price. We will update shareholders again soon. We are not trying to buy anytime with you or the public shareholders we are trying to build a company. I think we tried to grow to fast and looking in hindsight we should have taken more time with agreements and not acted in haste to report information to shareholders. I pray we regain our shareholders confidence with new positive developments soon!
just A few of my thoughts:
(not sure about the equipment portion what that would entail and maybe some more details can be provided to shareholders so the only tangible thing we see is not just Home Creek.
Also regarding the lost more money then you could imagine- not sure about that- Marcellous lawfirm how much are they collecting-1million- 2 million seems very excessive- what other expenses have been incurred> shareholders contributed a great deal of money via diluton-millions.
what is the size of the staff?
I think that its vrey hard to understand alot since they are a pink like the debt note agreements- maybe gandy can collect his money back very quickly or have it go thru pythagoras and claim it as profit there and a loss with PGI?
To give them "some" credit he took time to reply to my e-mail and updates are expected soon so lets hope we get some positve developments for a change.
News 
Market Data 
Discover 
AI
